Greek LNG Terminals In The Pipeline
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European Commissioner for Justice Didier Reynders, left, talks with European Commissioner for Economy Paolo Gentiloni as they arrive for the weekly College of Commissioners meeting at EU headquarters in Brussels, piraeus bus to Volos Wednesday, Nov.
Mediterranean Gas plans to build an FSRU off the port of Volos, in central Greece.
It has invited LNG producers, traders, large-scale consumers, taxi Thessaloniki to airport price industrial users and marine and shipping companies to submit non-binding interest in booking capacity by Dec.
BRUSSELS (AP) - The European Union is considering more lenient economic recovery proposals that veer away from the grinding, and several other countries during the debt crises a decade ago and helped push millions into poverty, homelessness and unemployment.
Gastrade, owned by Greece's Copelouzos family, is developing an FSRU which will be anchored about 18 kilometres off the northern Greek port of Alexandroupolis, carrying gas to shore via a 28-kilometre-long pipeline.
Greece's sole operational LNG regasification and storage terminal on the Revithoussa islet off Athens has played a pivotal role in the country's strategy to wean itself off Russian gas and boost the security of supplies ahead of winter.
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ATHENS, Nov 30 (Reuters) - As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports.
Finance Minister Christian Lindner said that "it is clear that any reform of the European fiscal rules must correspond to the core principle of ensuring financial stability." German reaction was swift - and taxi Thessaloniki to airport price predictable.
The country has already cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to the Revithoussa facility, which is 5 miles (40 kms)from taxi service athens greece and can store 225,000 cubic metres of gas and regasify 1,400 cubic metres per hour.
Investors stopped lending Greece money in 2010 after Athens acknowledged misreporting key budget data.
To keep the country afloat, its European partners and the International Monetary Fund approved three rescue loan programs lasting from 2010 through 2018 worth a total 290 billion euros ($293 billion).
During the debt crisis, struggling nations from Greece to Portugal were barred from more conventional methods like massive borrowing to spend their way out of bad times and instead had to tighten their belts.
Gentiloni went close to saying as much Wednesday. The reduction of debt "was not successful because the rules became more and more unrealistic. And when you have unrealistic path, at the end you have no path."
In hindsight, even EU officials have acknowledged there was an excess of austerity over a short period after the 2008 financial crisis, taxi from Volos port to acropolis compounded by the sovereign debt crisis in a half-dozen EU nations a few years later.
The European Commission, the EU´s executive arm, said Wednesday that the new plans would give member states with serious debt issues far greater leeway in combining a commitment to longer-term debt reduction while not excessively burdening a stretched population over too short a time.
After the 27-nation bloc had to spend its way out of a COVID-19 recession and as another downturn looms with Russia's war in Ukraine worsening inflation, the challenge is keeping investment high and debt levels manageable.
European Commission President Ursula von der Leyen, center, talks with European Commissioner for Thessaloniki escorted tours Energy Kadri Simson, right, and European Commissioner for Health and Food Safety Stella Kyriakides as they arrive for the weekly College of Commissioners meeting at EU headquarters in Brussels, taxi service athens greece Wednesday, Nov.
In exchange, international creditors exacted what many Greeks still see as a pound of flesh: deep state spending and salary cuts, tax hikes, privatizations and other sweeping reforms aimed at righting public finances.
"With the wisdom that you can have after the crisis, we can say that we were not able to keep the level of investments as they should have been in the 10 years after the economic and financial crisis," Gentiloni said.
